tiprankstipranks
Starjoy Reports Profit Increase Amidst Revenue Dip
Company Announcements

Starjoy Reports Profit Increase Amidst Revenue Dip

Aoyuan Healthy Life Group Co. Ltd. (HK:3662) has released an update.

Don't Miss Our Christmas Offers:

Starjoy Wellness and Travel Company Limited reported a dip in revenue by 11% year-on-year to RMB700 million for the first half of 2024, while net profit rose by 9.3% to RMB75.1 million, with a significant increase in gross profit margin and basic earnings per share. Despite lower revenue, the company saw improved profitability, highlighting a robust net profit margin increase of 2 percentage points and a 29.2% rise in earnings per share compared to the same period in the previous year.

For further insights into HK:3662 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App